WELCOME TO DURGA CO-OPERATIVE URBAN BANK LIMITED,VIJAYAWADA.

Durga co-operative urban bank Ltd. has started on 4-1-1929 at Bejawada.Transactions has started on 24-2-1929. Durga co-operative urban bank Ltd. has started with 59 members.Now it is with 9000 members.

Durga co-operative urban bank Ltd. has celebrated diamond jublee functions on 24-6-1989.Durga co-operative urban bank Ltd.has 7 board of directors on 1960,Now it is going to 12 board of directors.

At strating time Durga co-operative urban bank Ltd. share value is Rs.2,460/- now it is Rs.180 lacs. Durga co-operative urban bank Ltd. has got the licensce from Reserve bank according to the banking regulation act 1949 regarding the banking business such as deposites,insurance,credit guarantee.

Durga co-operative urban bank Ltd.has give the intrest rates on deposites according to the reserve bank rules and regulations.

PRESENT STATUS   Rs.Lakhs
No. of Memebers : 21,250
Share capital : 215.00
Deposits : 6012.00
Loans and advances : 5305.05
Net Worth :   401.46
         A) Investments     830.00
         B) GOI Securities :   585.00
Profitability ( Gross) ::   302.05
Net Profit ::     65.00
No.of Employees :     22
SRF :    182.00
     
Turnover      250.02 ( crores)  
     
 
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